29320 Efferson RdHoldenLA70744
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 29320 Efferson Rd, Holden, LA, 70744 in Holden is narrow, $183/mo net on $1,669/mo rent after the $1,079/mo debt service, but the property operates at break-even-plus, not a loss. At $239,900 with a 8.35% yield, the long-run equity case via 5% appreciation ($66,280 over five years) and $2,210/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.55 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $102,765.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 8.0% |
| Monthly Cash Flow | $183 | $450 |
City averages based on Holden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,669 |
| Total Monthly Debt Service | $1,391 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2017
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70744, Holden, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,709 (100%) |
| Owner Occupied HU | 2,081 (76.8%) |
| Renter Occupied HU | 363 (13.4%) |
| Vacant Housing Units | 265 ( 9.8%) |
| Median Home Value | $200,504 |
| Average Home Value | $246,647 |
Housing Distribution
Address Breakdown
Residential
2,166
Single Family
2,166
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Manufactured
Built in 2017
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70744, Holden, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,709 (100%) |
| Owner Occupied HU | 2,081 (76.8%) |
| Renter Occupied HU | 363 (13.4%) |
| Vacant Housing Units | 265 ( 9.8%) |
| Median Home Value | $200,504 |
| Average Home Value | $246,647 |
Housing Distribution
Address Breakdown
Residential
2,166
Single Family
2,166
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beverly Delatte • Southeastern Real Estate Partners, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2482745
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